The Daily times. [volume] (Richmond, Va.) 1886-1889, 1887-02-04

crard Against Fraud or Mistake
.. nusincss Transactions-che'h BOOK
49,, S,.bs-writing Up the Bank Book
checks as Receipts
tom Of the banks, when it is decided /
81" occcuut with n customer, is TO re /
% 'l' .,o customer 10 write his name in /
gu, cont for that purpose, at the time the |
Oo'N' : o.,oped The obvious reason Is 20 /
ac''.' .-o;,st fraud or mistake in all subse- |
qua 20 .-.,ssctionS in which the bank has 10
g'.,'-,,ire the commences OF the customers
.,ro II the genuineneSs OF a check pre-
SCI f,r pavmeut 20 the paying teller IS SuS-
be SIGNATURE may be compared at
le,' ..h that recorded with the bank, aS has
on" ...te3 and thus its validity be deter
mIrci .,,,,,n, with y hank the CHS.
punished by the bank with book
to-.t ID. entered on the left hand, OF credit,
10 - ,ba amount deposited 10y HIM. All SUD
t,...rt deposits are entered in the BOOK, WIN
3o.e -,~pcctively, of each deposit Az
+.,o ~ oreniru an account the bahK WILL
'D .l, furnish the customer with cheek
.5r,aining twenty-five or more checks
s.-tti, no charge Is made. Persons wish
o.. have nicely engraved checks can get
49, t-t "a charge is usual in such cases
che amount will not exceed seventy
Cont. for a book of a like number OF
a. the same time the bank viii also
.h o., the customer a sufficient number Of
I...~ which are small pieces OF paper
....,,ir., ~ the head blank for the per
..,.. name % DE inserted, also blank Tor the
, and below the words checks and
a...b Whenever a deposit is made the de
....l- f'r. upa ticket, giving his name and
tbe date and writing IN the column against
,[..,...l. check and cash the amount OF
o,.b respectively, deposited. These tickets
.bor3 always accompany the bank DOOR
,.l., "a deposit is made. They are kept on
en-. bv the bank, and serve as vouchers LOT
t.r tb. lauk and the depositor, from which
t. accuracy of the account may be deter
mined If The question should arise at any
ti,aas o. the amount the time ana the ma
ture Of amy deposit
moments examination of the check BOOK
,,..l serve to show the depositor the method
of drawing q check IL viii be observed,
r-.. tna- every check IS numbered IN IFS
o-i.r generally upon the upper left hand
corner A.aiu. the place TO tear of check
3. Indicated ty the perforated line when
torno.r at this line the part remaining III INC
hook j, called the stub
cbe., is merely an order on a bank t(
NAV tle person named in The check certain
s,n Of money. 1t will be obvious to any ono
Who'll about TO draw his check that 1t shoul'
badated. and the name Of the payeo, or per
SON i'm whose favor il Is drawn, should he III
e,rtod i'm the body of the check; that TIN
amount 10 De paid should be written IN, an'
sf., Indicated by figures after the dollar sign
and that line check should be signed by Tn
drawer at the place indicated. A check should
o o,3I5y. De a'-"" WIN '',''
Tho stubs. 10 which reference has bee
mde. are an important part Of check BOOK
astev contain q complete record, II proper
Ken. Of all transactions with the bank. Inc
e- .rauscripts of all checks drawn from tim
htmo. and show the numbers, amounts th
ttcsand the names Of the payeeS, respectively
On drawing checks filling up the stubs Shout
never BE omitted. il is not only lmportal
for the reasons stated, but IS vastly lmportai
I'm determining the state OF the account. %
addin, together the several amounts found
the stub, IL is obvious that the amount Ora"
from the bank may be readily determined
This om0Dut deducted from the amount IL
posted. which viii appear in the bank Dool
will show the amount standing 10 the cred
of the deDositor A gentleman, for the SAT
Of convenience, once took out OF his che'
hook a number of blank checks, which
carried in his pocket, in order that he mg
us. Thorn NJ any time. He used them all, bI
neglected 10 keep an account of them, as
would have done had he had the stubs beIo
him. when. TO his dismay, he was one di
notified by the bank that his account W
oyerlrawn Small checks like small al
frequent accounts at q store, make terIlu
mr0aIs upon ones bank account, and II
well 10 watch them closely.
A bank book should be regularly and II
queuuy written up" particularly WIN
checks have been frequently drawn. ms
done at the bank by a bookkeeper, who entf
i'm the bank book the amount shown 10y l
customers account 10 have been PAID nc
time to time These amounts are compar
with the checks drawn to insure accura'
When TINS transcribed into the custome
book. the amount is found and subtract
from the amount deposited and the balan
carried 10 a new account The checks
returned 10 the customer with his book WI
it is written up and are the custome
vouchers. He may compare them WIN
stubs i'm his check book and deterlhl
whether they correspond in amount ana
correct. 1t is well TO keep these checks.
many cases they serve as receipts for b
paid. They are receipts A check IS CIV
for instance TO the dressmaker for her b
it's payable to her order Before she
get the money upon it she must indorse
that is, write her name across the la
When returned by the bank to the draw
with such Endorsement 1t shows th9t
check has been presented by her and pa
and 10 then becomes a receipt, or wha'
equivalent TO one.-DeInorest MohVhy'